CapGen Capital Group has asked regulators for permission to acquire a controlling interest of Hampton Roads Bankshares.
Equity firm wants tighter grip on Va. bank
Hampton Roads Bankshares
Sonabank plants its flag in Richmond
Deal closes on former Midlothian branch of Gateway Bank.
Unloading a bank’s baggage
A Glen Allen insurance company just picked up an insurance subsidiary from a Hampton Roads bank.
More branches falling
For the second time this month, an out-of-town bank is looking to unload one of its local branches.
Inside Wilton’s bankruptcy hearing
Developer Hank Wilton is called on to answer for his financial choices, including why he accumulated so many lots and why he sold an Aston Martin for $46,000.
Local bank’s holding company gets infusion
With its capital base still eroding from massive levels of loan losses, the Norfolk-based parent company of Gateway Bank said today it has entered into agreements with institutional investors who will infuse it with sorely needed capital.